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Canada's Rent Slide Is Finally Stalling — What It Means If You Rent or Rent Out

  Published August 13, 2026 For nearly two years, "Canadian rents are falling" has been one of the safest headlines in personal finance. The August 2026 National Rent Report from Rentals.ca and Urbanation, released last week, suggests that streak may finally be running out of road — and the shift matters whether you're the one paying rent or the one collecting it. The Numbers National avg. asking rent (July) $2,037 Year-over-year change -4.0% (22nd straight monthly decline) Month-over-month change +0.2% (4th straight monthly rise) Toronto, month-over-month +1.6% to $2,577 Falling, But Not as Fast Rent is still dropping on a year-over-year basis nationally — that's now been true for 22 straight months. But the pace of the decline has been easing since it bottomed out in March, and July marked the smallest annual drop since February. On a month-to-month basis, rent has now risen for four months running, which typically happens every summer as the market hits its season...

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Russia Vows to Target Tomahawk Missiles if Supplied to Ukraine

US Tomahawk missiles have a range of 2,500 km, far greater than any missile Ukraine currently has in its arsenal.

Russia has issued a stark warning that it will destroy any U.S.-supplied Tomahawk cruise missiles and their launchers should they be delivered to Ukraine. The statement came from Andrei Kartapolov, head of the Russian parliament’s defense committee, who emphasized that Moscow is prepared to neutralize the weapons and retaliate against Washington in ways that “hurt” if such a transfer occurs.

Kartapolov argued that Tomahawks would not alter the battlefield balance, claiming Russia’s military is familiar with the missile system from its operations in Syria. He added that Ukraine would be unable to conceal launch sites, which would become immediate targets for Russian drones and missiles.

The warning follows U.S. President Donald Trump’s remarks that he has “sort of made a decision” on whether to provide the long-range missiles to Kyiv, though he stressed he does not want to escalate the conflict. Russian officials, including Deputy Foreign Minister Sergei Ryabkov, have cautioned that supplying Tomahawks would mark a serious escalation and could irreparably damage Moscow’s relationship with Washington.

With a range of up to 2,500 kilometers, Tomahawk missiles would give Ukraine the ability to strike deep into Russian territory, including Moscow. The debate over their potential transfer underscores the growing tension between the U.S. and Russia as the war grinds on.


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